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Is domestic spot crude oil trading legal?
Spot crude oil investment is legal, but to make this suggestion, you should choose a bigger, more formal platform that suits you. You have to compare it and find out the handling fee, the return of several points and so on. And be careful to encounter black platforms. It is also relatively simple to learn. From news to technical aspects, news is generally clear at a glance.

First of all, it depends on whether the exchange has been approved by the government at or above the provincial level, because the state has regulations that all exchanges or trading centers must be approved by the government at or above the provincial level;

Secondly, it depends on whether the exchange is a membership system or not, and whether the exchange can directly develop customers. If the exchange directly develops customers, it will lead to problems such as gambling and price manipulation between the exchange and customers. For the membership exchange, the exchange is only responsible for settlement and quotation, and only by not participating in the transaction can it be guaranteed to be open, fair and just;

Finally, it depends on the tripartite depository of all banks without funds. If customers are required to deposit money directly into the company account, it is definitely a black platform. Only through the three-party depository of banks can the security of funds be guaranteed.